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<h1>Amendment lets Two Star Export Houses get Diamond Imprest Authorizations for imports up to 5% average exports, $15M cap</h1> Amendments to the foreign trade policy permit exporters with Two Star Export House status (or above) meeting specified cut-and-polished diamond export thresholds and return-filing requirements to obtain Diamond Imprest Authorizations, allowing imports up to 5% of the three-year average export value (max US$15 million); a chartered accountant's certificate may be submitted if the latest ITR is not yet filed, but the ITR must be furnished by 31 December of the application year. Imports under the authorization remain exempt from various customs duties and levies, but exemption from Integrated Tax and Compensation Cess is not provided.